Property management stories
Tenants will gain stronger eviction protections and annual rent caps, but landlords warn the new law could shrink supply and lift rents.
New Zealand commercial rents and capital values are expected to keep falling as occupiers and investors stay cautious amid coronavirus uncertainty.
Easing loan-to-value rules is only part of the fix, with commercial landlords warning wider support is needed to prevent a deeper downturn.
Landlords face stricter eviction rules during the lockdown, as tenants must be 60 days in arrears before Tribunal action can begin.
Commercial landlords could face rent relief claims as lockdowns trigger emergency no access clauses in many New Zealand leases.
Tenants face a temporary freeze on rent rises and evictions as New Zealand's four-week COVID-19 lockdown halts viewings and house moves.
Early input from facilities managers could cut costs and improve new buildings' long-term quality, according to a BRANZ report.
Rental demand, low upkeep and strong returns are the key tests for buyers weighing up a property investment, advisers say.
The real estate group is set to expand faster in New Zealand after Derryn Mayne bought a 25% stake, bringing ownership back into local hands.
Fewer rental homes and higher rents could follow a capital gains tax, with landlords also cutting back on professional property managers.
Landlords face fines of up to USD $4,000 from 1 July, as contractors struggle to insulate 125,000 rental homes in time.
North Waikato's Turangi and Huntly outperformed Auckland rivals as Century 21 New Zealand handed out its 2018 national awards in Auckland.
Automation is becoming a priority for commercial real estate firms, even as many still rely on spreadsheets and play catch-up on digital tools.
The new unit will expand Colliers' services in New Zealand and tap Kerry Woods's experience on major refurbishments, including Auckland's QBE Centre.
Passengers in New Zealand and Australia should see fewer delays as sensor data helps KONE predict faults and cut lift downtime.
More than 2,680 delegates attended the Auckland event, as new energy management and smart-building displays drew strong interest from tradespeople.
North Auckland’s growth is set to boost sales at Century 21 Crism Realty, where Clive Goodman has taken over as franchise owner and principal.
Facilities managers are facing lower costs and faster fault response as connected sensors and software automate maintenance across buildings.
Tenants face another winter in damp, cold rentals as most landlords have yet to begin costly upgrades before new healthy home rules bite.
Poor records and vague lease terms are fuelling end-of-tenancy make good disputes, with one Auckland case reaching USD $10 million.
